Liquid Telecoms launches P7bn bond

Liquid Telecommunications Financing Plc, part of the leading pan-African telecoms group Liquid Telecom, has announced its intention to launch a $700 million (P7 billion) bond and term loan financing package to refinance the group’s existing debt and to support its growth strategy.

The funds from the new financing are intended to support Liquid Telecom as it continues to rapidly scale and expand its network capabilities and service offering across Africa. 

Through a combination of organic growth and acquisition, Liquid Telecom has built Africa’s largest independent fibre network, stretching over 50,000km and connecting more countries on a single network than any other.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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